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Administrative Law

: Customs Law

Fiji on First Sale

By Larry

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A quick update on Customs and Border Protection's effort to eliminate "first sale," sometimes called middleman," valuation:

Earlier in the week, 17 U.S. Senators sent a letter to Homeland Security Secretary Chertoff expressing "serious concern" over the move.

If this happens, the countries that feel it most will likely be developing economies with active textile sectors. Today, the Government of Fiji has acted. Fiji is concerned that changing the valuation methodology might make Fiji products more expensive in the U.S. I'm not sure whether other governments have similarly commented but one must assume that if Fiji is worried, others are as well.

Full post as published by Customs Law on May 01, 2008 (boomark / email).

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